Atradius expects 26% spike in insolvencies
Amsterdam (ots/PRNewswire) - Atradius anticipates a 26% increase in global corporate insolvencies, largely in the second half of 2020. The increase is mainly driven by the impact the Covid-19 pandemic is having on global economies. Every major economy, except for China, is expected to enter recession this year. The depth and length of which will be determined by the ability of economies to manage health regulations and ...